Forex Course

Jan 20, 2018
4
0
#1
Has anybody had any experience/knowledge of a company called futurealgotrading (Future Algo Trading).

They are educators: I would appreciate any feedback.
 

f2calv

Experienced member
May 18, 2014
1,317
277
#2
Has anybody had any experience/knowledge of a company called futurealgotrading (Future Algo Trading).

They are educators: I would appreciate any feedback.
Domain name is only 6 months old.

"Created by our very own Director of Financial Engineering*Professor Dr. Simon J. Shepherd, who has over 40 years of experience in the industry."

A quick Google shows the "industry" to be higher education, not specifically trading the financial markets for 40 years.

Save your money and read a few good trading books cover to cover.

I'd guesstimate that 90%+ of educators educate because they can't trade themselves.



Sent from my Nexus 6P using Tapatalk
 
Feb 6, 2004
4,855
778
#4
possible fake reviews.



take Susan Watson from Manchester as an example. her picture was taken from a 2017 or earlier upload from many a free picture site, here's the pxhere.com example


bogus picture? bogus review?
 
Last edited:
Likes: Lee Shepherd
Jan 20, 2018
4
0
#5
What strategy(ies) do they teach please?
If I've understood them correctly, chart analysis via programmes developed by the Professor is used. After 12 PIP movement stop loss or take profit is used. Usually, only 1% of available funds is used for each trade.
 

tomorton

Legendary member
Feb 28, 2002
7,090
922
#6
If I've understood them correctly, chart analysis via programmes developed by the Professor is used. After 12 PIP movement stop loss or take profit is used. Usually, only 1% of available funds is used for each trade.

Sounds like it should work. But what a grind: 12 pips at 1% of funds is going to be hour after hour every day, and isn't going to pay for that new car anytime soon.

However, the likely outcome is the account goes broke but very very slowly. There will be no chance of come-back to the trainers by that point, and that's the No.2 objective of trainers - No.1 is get the money in the bank, No.2 is don't make anyone go broke quickly after the course.

I don't recommend anyone start trading by day-trading. But I'm useless at day-trading so maybe a more qualified member than me will ad to this.....
 

Quantt

Established member
Jul 23, 2017
945
57
#7
Has anybody had any experience/knowledge of a company called futurealgotrading (Future Algo Trading).

They are educators: I would appreciate any feedback.
Those Who Can, Do; Those Who Can't, Teach ...

Unless they can provide a verified (by well known firm) track record, avoid!
 

f2calv

Experienced member
May 18, 2014
1,317
277
#9
How did you find this photo on pxhere.com
I'd say the odds are very high that you're in fact a shill for this "business".

...given that the 'future algo trading' website is all of a sudden offline pending an urgent re-design with slightly less fake material :whistling

Good luck with that Dale :rolleyes:
 

Quantt

Established member
Jul 23, 2017
945
57
#10
I'd say the odds are very high that you're in fact a shill for this "business".

...given that the 'future algo trading' website is all of a sudden offline pending an urgent re-design with slightly less fake material :whistling

Good luck with that Dale :rolleyes:
Great catch!
 
Likes: f2calv